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<br />ACKNOWLEDGEMENT <br /> <br />88- 100705 <br /> <br />r <br /> <br />IlWe, William D. Livengood & Beverlv K. Livengood, hll",hrlnc'l f" wi re ("Trustor"). <br />under that certain Deed of Trust dated February 5, 1988 ,(" Deed of Trust") <br />to be entered into among Trustor, FirslierBank, National Pssociation, Omaha, Nebraska ("Trustee") and <br />Firslier Bank, National Pssociation, Omaha, Nebraska ("Beneficiary") covering the following described <br />property: <br /> <br />LEGAL DESCRIPTION: <br /> <br />Lots One (1), Two (2), and Three (3), in Block Sixty (60), <br />Original Town, now City of Grand Island, Hall County, Nebraska. <br /> <br />(Subject to Mortgage of Record to Omaha National Bank ill the amount <br />of $39,900.00 filed as Document #85-006429, Hall County, Nebraska.) <br /> <br />hereby acknowledge that it is understood that (a) the Deed of Trust to be excuted by Trustor is a trust deed <br />and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially dif- <br />ferent rights and obligations to the Trustor than a mortgage in the event of a default or breach of obligation. <br /> <br />Trustor acknowledges that this J\cknowledgement was made prior to the execution of the Deed of Trust. <br /> <br />Executed and delivered this <br /> <br />5th <br /> <br />February <br /> <br />,19 88 <br /> <br />day of <br /> <br /> <br />:} <br /> <br />State of Nebraska ) <br />) 55. <br />County of Hall ) <br /> <br />The for.ing instrument was acknowledged before me this <br />of ~ ,19 d"rf <br /> <br />( <br />J'~ <br />, by <br /> <br />day <br /> <br />L <br /> <br />Wintess my hand and notarial seal at <br />in said County, the date aforesaid. <br />My commission expires: r2 -dJ '7 - 9/ <br /> <br />/lbvG' J: Ck-I/rr:?'v/- <br />Notary Public <br /> <br />1J.J.!'m;1 <br /> <br /> <br />;s <br /> <br />:.~ <br />1 <br />~~:~ <br />:~1 <br /> <br />~:i <br /> <br />~ <br />~ <br /> <br />r--- <br /> <br />, <br />. <br />.. <br /> <br />;/ <br />h,. <br />